Shares of Pamt Corp. (PAMT), a truckload transportation and logistics company, were rising more than 25 percent in pre-market on Friday.
The company announced a modified Dutch auction tender offer to repurchase up to 435,000 shares at a price of not less than $14.00 and not more than $17.00 per share.
The offer is expected to expire on May 1.
Pamt Corp. stock had closed at $11.11, down 8.86 percent on Thursday. It has traded in the range of $11.01 - $23.70 in the last 1 year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.